How to Square Decentralized Finance With Regulatory Compliance
During D.C. Fintech Week in Washington, D.C. this past week, I moderated a conversation about how decentralized finance (DeFi) projects could be compliant with different regulations.
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The narrative
Are developers liable for how their projects are used? Can they prevent criminals from using their projects? In other words, is regulation-compliant decentralized finance an oxymoron?
Why it matters
Developers’ liability for how their decentralized projects are used has already been the subject of multiple criminal cases in the U.S. and elsewhere (see, for example, the cases against Tornado…